Is SWIFT’s Latest Move a Game-Changer for Ripple? Here’s What You Need to Know!

SWIFT explores blockchain with Linea, potentially reshaping cross-border payments and challenging Ripple's market.

Fridah Kangai
September 28, 2025
10:43 am

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

SWIFT’s blockchain move could challenge Ripple’s dominance in payments.
Linea’s zkEVM enhances privacy and scalability for global transactions.
SWIFT’s shift to blockchain might reshape cross-border payment systems.

SWIFT, the leader in financial messaging, is making a bold move that could disrupt cross-border payments. According to The Big Whale, SWIFT is testing an on-chain migration of its messaging system using Ethereum’s Layer 2 solution, Linea. The change to blockchain technology has the potential to disrupt Ripple as the leader in international payments.

It is still in the initial phase of the project, and major financial institutions, such as BNP Paribas and BNY Mellon, are involved in it. The new system will take months to implement, but when completed, SWIFT hopes to eliminate inefficiencies, drive costs down, and accelerate cross-border transfers.

🟥 Exclusive @TheBigWhale_

SWIFT chooses Linea for blockchain testing

According to information gathered with @BukovskiBuko3, SWIFT and several major global banks (including BNP Paribas and BNY) have chosen @LineaBuild, the Ethereum layer 2 developed by @Consensys, to experiment… pic.twitter.com/EaWLg1IfKp
— Grégory Raymond 🐳 (@gregory_raymond) September 26, 2025

Also Read: U.S. Regulators Investigate Suspicious Stock Trades Before Crypto Announcements

The Impact of Linea on SWIFT’s Blockchain Strategy

Linea’s zkEVM technology is the core of the SWIFT integration of blockchain. Linea employs zero-knowledge rollups to enhance the speed of transactions while preserving privacy. Financial institutions that are concerned with sensitive data must have this technology. Linea is compatible with Ethereum, which allows it to be scaled without sacrificing security, and it fits well with SWIFT’s ambitious objectives.

This Ethereum migration is a massive pivot to SWIFT, based on its experience with blockchain for digital assets and tokenized transfers. Implementing Linea would allow SWIFT to facilitate cross-border payments in a more efficient, transparent, and cost-effective financial model.

What This Means for Ripple and the Payment Industry

SWIFT is moving to blockchain, and it is generating responses in the crypto world and among financial institutions. According to CryptosRus, the volume of transactions conducted by SWIFT is typically greater than the 27.6 trillion transactions in stablecoins incurred by Ripple in 2021. SWIFT is paying out 150 trillion to 1% of its payments with blockchain, which would create massive flows on the blockchain.

Contrarian DNA, on the other hand, sees SWIFT’s decision as a vindication of Ripple. Instead of competing directly, the adoption of SWIFT blockchain can appreciate the strength of decentralized solutions. It is yet to be seen whether Ripple can hold its own or partner with SWIFT.

Also Read: SEC’s Hester Peirce Acknowledges Past Crypto Missteps, Signals Industry Growth Ahead